Both sides called their supporters on to the streets on Thursday, while Mursi supporters in two protest camps in Cairo strengthened sandbag-and-brick barricades in readiness for any action by security forces. Acting President Adli Mansour, in a message on the eve of the Muslim Eid al-Fitr holiday, said Egypt was in critical circumstances. The interim government would press on with its own plan to hold new elections in nine months, he said.

"The train of the future has departed, and everyone must realize the moment and catch up with it, and whoever fails to realize this moment must take responsibility for their decision," he said. US envoy William Burns headed home after days of trying to broker a compromise between the government and Mursi's Muslim Brotherhood. European Union envoy Bernardino Leon stayed on in the capital in the slim hope of reviving the effort.

But Brussels and Washington said they were very concerned that the Egyptian parties had not found a way to break what they called a dangerous stalemate.

This year, there is another reason why Europe has pressed the pause button for August. With a looming election in Germany, few wish to undermine Chancellor Angela Merkel’s likely victory. After all, Germany is central to Europe’s wellbeing, and Merkel’s steady hand has allowed the continent to overcome a series of challenges over the last few years. As a result, many are eager to postpone any controversial policy decisions rather than rock the German political boat.

Some of the recent economic news has seemed to justify this approach. At the end of July, the widely watched indicator of European manufacturing activity crossed the threshold signalling expansion for only the second time in 23 months.

The effort to upgrade the relationship has fallen victim to the rapidly shrinking common ground between the former Cold War rivals, including extreme differences over the Syrian civil war, Russia's domestic crackdown on civil rights and — the final straw — the asylum granted to National Security Agency leaker Edward Snowden.

The US and Russian foreign and defense ministers will sit down in Washington later this week, but Obama canceled his planned early September summit in Moscow with Putin because of what the White House called a lack of "recent progress" on a wide array of critical issues. Such steps are not taken lightly, and the decision will almost certainly herald a new frostiness in already chilly ties.

"We have informed the Russian government that we believe it would be more constructive to postpone the summit until we have more results from our shared agenda," the White House said in a statement, citing deep differences over missile defense, arms control, trade, global security and human rights. "Russia's disappointing decision to grant Edward Snowden temporary asylum was also a factor that we considered in assessing the current state of our bilateral relationship," it added.

The IMF said Germany’s vast trade surplus must be slashed in half to rectify the eurozone’s North-South imbalances, and warned that fiscal overkill could abort recovery and set off an EMU-wide chain reaction.

While the language of the IMF report is polite, it masks a bitter dispute between the Fund and Germany over the nature of the EMU malaise, and whether austerity and reform really have cleared the way for a viable recovery.

For many years, violent crime had actually decreased in the United States, but now the trend is going the other way. Violent crime in the US increased in both 2011 and 2012, and it is being projected that it will increase in 2013 as well. The frightening thing is that crime statistics are going up even though police departments in some major cities have publicly announced that they will not even respond to certain crimes anymore. This has the effect of making crime statistics look lower than they actually should be.

For example, in the city of Chicago police will no longer respond in person "to 911 calls reporting vehicle theft, garage burglary or simple assault". So if someone steals your car or breaks into your garage, you can file a report over the phone if you want, but it probably won't do much good.

So what is causing the rise in crime and violence? Well, we live at a time when economic opportunities for young people are extremely limited. The younger you are, the more likely you are to be unemployed, and poverty in America has been steadily rising even in the midst of this so-called "economy recovery". When people are poor and feel like they are out of options, they tend to get desperate. And desperate people do desperate things.

Meanwhile, the condition of the family in America continues to deteriorate. We have the highest divorce rate in the world and approximately one out of every three children in the United States lives in a home without a father. Without stable families to depend on, our young people have become increasingly vulnerable to other influences.

Even though communities all over America now feel under siege by the growing wave of crime and violence that we have been witnessing, the truth is that this is only just the beginning. When the next major economic downturn strikes things are going to get much worse. The seeds that we have been planting for decades are now springing to life, and America is about to reap a very bitter harvest. I hope that you are getting prepared.

The weapons deal would include 681 Stinger anti-aircraft missiles and 40 truck-mounted launchers, as well as three Hawk anti-aircraft batteries with 216 Hawk missiles, according to Agence France Presse. The sale is primarily viewed as a way to bolster a possible no-fly zone in Iraq, though it would also help to cut off Iranian supplies to Syria through Iraqi air space.

"This capability will provide Iraq with the ability to contribute to regional air defenses and reduce its vulnerability to air attacks and also enhance interoperability between the government of Iraq, the US, and other allies," the Pentagon said in a statement.

Needless to say, arming Iraq might not be the best decision for Washington. The country is on the brink of total dissolution, the Kurds are acting autonomously in Syria as well as Iraq, and sectarian fighting is approaching mid-2006 levels.

Here's the Washington Post:

Rützler [the food scientist] gave the chef an appreciative nod. "It's close to meat, but it's not as juicy," she said. "I was expecting the texture to be more soft. The surface was surprisingly crunchy." She added: "I would have said if it was disgusting." Schonwald [the author] said the product tasted like "an animal protein cake."

Okay, that last phrase doesn't exactly pique the appetite, but you have to admit, it's not a bad showing for a product that came not from a cow grazing a lush meadow, but rather from tissue derived from bovine stem cells and grown in "nutrient solution."

Then there's the feed question. "The growth medium that provides nutrients, vitamins, and growth hormones to the cells is currently made with a mixture of sugars and amino acids supplemented with fetal bovine serum — literally the blood of unborn cows," she writes. Fetal bovine serum is a slaughterhouse byproduct (it comes from cows' blood) used mainly by the pharmaceutical industry. Current cost: $250 per liter — which is one major reason the five-ounce burger tested in London set Sergey Brin back $330,000.

In Cyprus, the depositors were “bailed in” (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks.

Bank of America Corp and UBS AG have been given priority over other bankruptcy claimants, meaning chiefly the pensioners, for payments due on interest rate swaps they entered into with the city. Interest rate swaps – the exchange of interest rate payments between counterparties – are sold by Wall Street banks as a form of insurance, something municipal governments “should” do to protect their loans from an unanticipated increase in rates. Unlike ordinary insurance, however, swaps are actually just bets; and if the municipality loses the bet, it can owe the house, and owe big.

The swap casino is almost entirely unregulated, and it is a rigged game that the house virtually always wins. Interest rate swaps are based on the LIBOR rate, which has now been proven to be manipulated by the rate-setting banks; and they were a major contributor to Detroit’s bankruptcy.

These colony losses are being described as “catastrophic” by those in the industry, and nobody is quite sure how to fix the problem. Some are blaming the bee deaths on pesticides, others are blaming parasites and others are blaming cell phones. But no matter what is causing these deaths, if it doesn’t stop we will all soon notice the effects at the supermarket.

Bees pollinate about a hundred different crops in the United States, and if the bees disappear nobody is quite sure how we will be able to continue to grow many of those crops. This emerging crisis does not get a lot of attention from the mainstream media, but if we continue to lose 30 percent of our bees every year it is going to have a cataclysmic effect on our food supply.

It’s not just the United States, Elmwood, Canada also recently reported a discovery of over 30 million dead bees. The massive bee deaths in Elmwood came shortly after approximately 50 thousand bees were found dead in an Oregon parking lot. No matter what the true cause is, we need to find a solution quickly because if we start running out of honey bees we will rapidly be facing a nightmarish agricultural apocalypse.

Funds collected from these seizures frequently go directly back into law enforcement, creating a dangerous profit incentive for police and other law enforcers. Both the New Yorker and ProPublica have new investigations of this practice, in which officers seize property they believe is connected to drug or other illicit activity, with a much lower burden of proof than when charges are filed against a person.

Even where officers are following the letter of the law, civil forfeitures by their very nature impose a minimal burden on officers, requiring them to prove only that the property is suspect — not the individual who owns it. The burden is on the defendant, by contrast, to prove their money was improperly taken from them.

This is a significantly lower burden than in the lesser-used practice of criminal forfeiture, which only allows seizure once someone has been convicted. Advocates such as the ACLU’s Vanita Gupta question why law enforcement officers should ever be permitted to use civil forfeiture instead.

The unique aspect of Hamilton’s study is that he examines federal debt that has not been publicly released, specifically the government’s support for “housing, other loan guarantees, deposit insurance, actions taken by the Federal Reserve, and government trust funds.”

Since the global economy hit rock bottom in 2008, US federal debt has gone through the roof, increasing from $5 trillion to an estimated $12 trillion in 2013. Meeting the interest payments alone on that debt burden presents a formidable challenge for US taxpayers: In addition to the debt, Americans must pay back around $220 billion annually just in interest.

And with interest rates set to rise from their historic lows, Americans will be confronted with a significantly higher bill in the future. In fact, the Congressional Budget Office anticipates that net interest expense on US federal debt will exceed the entire defense budget by 2021.

This fiscal horror story playing out across America, however, is actually much worse than publicly recognized.

The squad was not with the Washington police department or Amtrak’s police force, but was one of the Transportation Security Administration’s Visible Intermodal Prevention and Response squads — VIPR teams for short — assigned to perform random security sweeps to prevent terrorist attacks at transportation hubs across the United States. With little fanfare, the agency best known for airport screenings has vastly expanded its reach to sporting events, music festivals, rodeos, highway weigh stations and train terminals. Not everyone is happy.

TSA and local law enforcement officials say the teams are a critical component of the nation’s counterterrorism efforts, but some members of Congress, auditors at the Department of Homeland Security and civil liberties groups are sounding alarms. The teams are also raising hackles among passengers who call them unnecessary and intrusive.

“Our mandate is to provide security and counterterrorism operations for all high-risk transportation targets, not just airports and aviation,” said John S Pistole, the administrator of the agency. “The VIPR teams are a big part of that.”

"We don't take a fanciful approach to the Malvinas," she said, using the Argentine name for the islands. "We simply want the UN resolution to be enforced." She was referring to UN Resolution 2065, which urged both parties in 1965 to negotiate. She said Argentina and Britain should "sit down and discuss" the matter.

An Al-Qaida affiliate has developed a new generation of liquid explosive that US officials fear could be used in a future attack, ABC News reported Monday. Two senior US government sources who have been briefed on the terror threat that prompted the US to close embassies across the Mideast and North Africa this week, told the network that clothes dipped in the liquid become explosive devices when dry.

One of the US officials described the new generation explosive as "ingenious," while another said it would be undetectable under current security processes.

The liquid explosive is believed to be the brainchild of the Yemen-based affiliate Al-Qaida in the Arabian Peninsula (AQAP), the officials told ABC News. This affiliate is home to Ibrahim al-Asiri, a master bombmaker, who was on the 25 "most wanted terrorist" list published by the Yemeni government.